Credit, banking, liquidity shortfall, and monetary policy
HS Choi, M Lee - International Review of Economics & Finance, 2016 - Elsevier
A simple monetary model is constructed to explore dynamic interactions among the choice
of means of payment, bank's reserves, a liquidity shortfall, and monetary policy. In the …
of means of payment, bank's reserves, a liquidity shortfall, and monetary policy. In the …
Inflation risk, settlement cycles, and monetary policy
HS Choi - Korean Economic Review, 2018 - khu.elsevierpure.com
A monetary model is constructed to explore the risk-sharing role of multiple installment
payments for credit settlement against inflation risk when the choice of cash and credit is …
payments for credit settlement against inflation risk when the choice of cash and credit is …